Standards Forum

The Standards Forum is the place where business and standardisation meet. This group would like to facilitate and encourage dialogue around standardisation in the financial industry, and share views, insights and updates on how financial standards can contribute to reducing cost and increasing efficiency when tackling today's challenges such as automation, compliance, and regulation.

Retired Member 

Standards Forum 2015 - What did we learn this week?

We might all be running on fumes, but we made it to day four. Another one in the books. I can't resist the temptation to complete the airline analogy… we’re beginning our descent, buckle up, you’re cleared for landing, bla-di-bla-di-bla! So, what did we learn this week? 3 key things for me... Market practice. A level-setting exercise to descri...

15 October 2015 /sibos

Retired Member 

ISO 20022: Making the haystack smaller

Standards Forum Day Three was all about compliance and regulation. "Less conversation" is not a phrase that one would normally expect see in the same sentence as "Sibos" but there it is in the title of the first session of the day. The panelists discussed regulators and the fact that they are starting to engage standards organi...

14 October 2015 /sibos

Retired Member 

Today’s Standards Forum is brought to you by the word Harmonization

Tuesday at the Standards Forum saw the official launch of the ISO 20022 Harmonisation Charter. Compère Muir, always in danger of breaking into a song when you shove a mike in his hand, thankfully spared us his vocal talents… instead we were treated to a local A Capella group singing in… you guessed it… perfect harmony. Geddit? [Editor’s note: Gr...

14 October 2015 /sibos

Retired Member 

The need for ISO 20022 Market Practice. Yes please.

The need for market practice has not changed simply because we have introduced a new syntax… in fact, for a good number of years market practice organisations such as ISITC have shifted the focus of their market practice documentation towards a more syntax-neutral and data-centric view. Samples of actual messages are provided in both 15022 and 20...

13 October 2015 /sibos

Retired Member 

Standards Forum: We are going to need a bigger booth!

Day One is in the books. A couple of the sessions were standing room only. Luckily, there is room to expand in the aisles... unlike Innotribe which had to turn people away from the API session. Bah! The festivities kicked off with a showcase of regional standards activity before a packed audience. Prior to SWIFT’s expansion of their presence in S...

12 October 2015 /sibos

Retired Member 

Standards Forum Flight 12: You are cleared for take-off.

Here we go again. Time to get your geek on. In Forums past we’ve talked endlessly about ISO 20022, explaining what it is, what it isn’t… we’ve argued for adoption where it makes sense, and perhaps sometimes (in hindsight) where it didn’t necessarily make the most sense… but we argued anyway because deep down we know it’s the right thing to do! Wi...

12 October 2015 /sibos

Paul Miserez Standards Department at SWIFT

Making ISO 20022 work for you: deployment harmonisation

We at SWIFT would like to hear about your ISO 20022 plans, experiences and questions. Leading up to Sibos, we are publishing a series of weekly blogs on Finextra called "Making ISO 20022 work for you", each focusing on a specific ISO 20022 business case and implementation aspect. All blogs will end with an open-ended question. The purpos...

05 October 2015 /regulation /sibos

Retired Member 

:72:THE ANNUAL STANDARDS RELEASE AND THE NOTION OF STANDARDS DEBT

An old journalist buddy of mine once confessed to me that he only had three basic story outlines; and for each article he wrote he simply had to pick the most appropriate one and modify to suit. As I sat down to think about this piece I can emphasize with my friend. There’s only so many ways one can say STP-is-a-good-thing. There’s only so many w...

28 September 2015 /sibos

Paul Miserez Standards Department at SWIFT

Making ISO 20022 work for you: have you already defined your ISO 20022 implementation strategy?

We at SWIFT would like to hear about your ISO 20022 plans, experiences and questions. Leading up to Sibos, we are publishing a series of weekly blogs on Finextra called "Making ISO 20022 work for you", each focusing on a specific ISO 20022 business case and implementation aspect. All blogs will end with an open-ended question. The purpos...

15 September 2015 /sibos

Paul Miserez Standards Department at SWIFT

Making ISO 20022 work for you: new services

We at SWIFT would like to hear about your ISO 20022 plans, experiences and questions. Leading up to Sibos, we are publishing a series of weekly blogs on Finextra called "Making ISO 20022 work for you", each focusing on a specific ISO 20022 business case and implementation aspect. All blogs will end with an open-ended question. The purpos...

15 September 2015 /sibos